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  • HCC to revamp Lavasa finances, decide on IPO Nov 13, 2011 07:26 PM IST

    HCC to revamp Lavasa finances, decide on IPO

    Hindustan Construction Company, one of country's largest builders, will revamp the financial structure of its Lavasa arm and decide whether to revive plans for an IPO after the unit won environmental clearance last week to resume construction after a year's delay, its chairman said.

  • Court asks Lavasa Corp, MPCB to file more documents Nov 11, 2011 11:36 PM IST

    Court asks Lavasa Corp, MPCB to file more documents

    A local court today directed the Lavasa Corporation, promoters of the Lavasa hill city here, to submit certain documents related to the project. Chief Judicial Magistrate N T Ghadge also asked lawyers representing the Maharashtra Pollution Control Board (MPCB), to submit more documents in the case.

  • Weekly wrap: High drama in Greece; Indian market unmoved Nov 04, 2011 10:09 PM IST

    Weekly wrap: High drama in Greece; Indian market unmoved

    The ball is definitely in Greece's court as the referendum on bailout package and Prime Minister Papandreou's vote of confidence at the parliament has global markets glued to newsflow from there. Moneycontrol.com puts together a weekly wrap of what all happened over the week ended November 4, 2011. Check out!

  • Lavasa in trouble again, Maha govt files plea in Pune Nov 04, 2011 08:57 PM IST

    Lavasa in trouble again, Maha govt files plea in Pune

    The Maharashtra government has filed an application in the Pune Magistrate Court against Lavasa as per the directions of the Bombay High Court & the ministry of environment and forests (MoEF).

  • 6 officers, 9 directors named in Lavasa case Nov 04, 2011 03:12 PM IST

    6 officers, 9 directors named in Lavasa case

    Maharashtra government is set to initiate proceedings against Lavasa promoters in a Pune court, sources said on Friday.

  • Maharashtra govt to move Pune court against Lavasa Nov 02, 2011 08:39 PM IST

    Maharashtra govt to move Pune court against Lavasa

    Maharashtra government will move the magistrate court at Pune 'in a day or two' against Lavasa, HCC's flagship project, for environmental violation. "The Government will file a case against Lavasa for violating section 15 of the Environment (Protection) Act," sources in the environment department said.

  • HCC slips on possible criminal case on Lavasa promoters Nov 02, 2011 09:49 AM IST

    HCC slips on possible criminal case on Lavasa promoters

    Maharashtra Government is going to initiate a criminal case against Lavasa promoters soon, reports CNBC-TV18.

  • Maha govt acting as MoEF's agent against Lavasa: Gulabchand Nov 01, 2011 09:14 PM IST

    Maha govt acting as MoEF's agent against Lavasa: Gulabchand

    Chairman of the company Ajit Gulabchand tells CNBC-TV18 that he finds the Maharashtra government acting as an agent of the MoEF.

  • HCC crumbles 3% on possible Maha govt action against Lavasa Nov 01, 2011 09:23 AM IST

    HCC crumbles 3% on possible Maha govt action against Lavasa

    Environment Ministry has asked Maharashtra Government to file case against Lavasa. They wrote to Maharashtra Chief Secretary to take action against Lavasa. There will be no final order unless Maharashtra government takes action.

  • File case against Lavasa, says MoEF to Maha govt Oct 31, 2011 09:47 PM IST

    File case against Lavasa, says MoEF to Maha govt

    On the insistence of the Environment Ministry, the Maharashtra government is likely to file a case against the company under the Environment Protection Act, reports CNBC-TV18's Mehak Kasbekar.

  • Tulsian on L&T, Arvind, JSW Steel, HCC, Raymond and Jaypee Oct 21, 2011 04:54 PM IST

    Tulsian on L&T, Arvind, JSW Steel, HCC, Raymond and Jaypee

    SP Tulsian of sptulsian.com joins CNBC-TV18 to give his outlook on select stocks.

  • Harsh monetary policy only hits development projects: HCC Oct 21, 2011 03:27 PM IST

    Harsh monetary policy only hits development projects: HCC

    Ajit Gulabchand, chairman and managing director of HCC joins CNBC-TV18 to take us beyond the company's Q2 numbers and highlight the way forward for HCC.

  • Maharashtra govt to take action against Lavasa; HCC down Oct 21, 2011 09:37 AM IST

    Maharashtra govt to take action against Lavasa; HCC down

    Hindustan Construction Company (HCC) touched an intraday high of Rs 27.20 and an intraday low of Rs 26.80. At 09:36 hrs the share was quoting at Rs 26.95, down Rs 0.30, or 1.10%. Maharashtra government is going to take action against Lavasa within 2 weeks, reports The Economic Times.

  • Maha govt to take credible action against Lavasa; HC told Oct 20, 2011 08:02 AM IST

    Maha govt to take credible action against Lavasa; HC told

    Maha govt to take credible action against Lavasa; HC told

  • No MoEF nod for Lavasa; HCC calls on PM to intervene Oct 14, 2011 07:19 PM IST

    No MoEF nod for Lavasa; HCC calls on PM to intervene

    The Environment Ministry (MoEF) has refused to grant its green nod to the first phase of HCC's subsidiary Lavasa’s project till the company meets the governments' preconditions, reports CNBC-TV18's Mehak Kasbekar.

  • Decide Lavasa case in 3 weeks: HC ultimatum to MoEF Sep 23, 2011 07:18 PM IST

    Decide Lavasa case in 3 weeks: HC ultimatum to MoEF

    Giving a last chance, Bombay High Court today directed the Union Ministry of Environment and Forests (MoEF) to pass the final order on regularization application of the Lavasa Corporation, with regard to constructions at township project near Pune, in three weeks.

  • Lavasa lashes out at MoEF, says pre-conditions stringent Jul 12, 2011 06:15 PM IST

    Lavasa lashes out at MoEF, says pre-conditions stringent

    Having earlier submitted to the jurisdiction of the environment ministry, HCC subsidiary Lavasa today objected to the ministry's pre-conditions for environmental clearance. Lavasa claims the pre-conditions are stringent and not indicated in the form of an order, reports CNBC-TV18's Ashwin Mohan.

  • MoEF likely to give conditional nod to Lavasa Phase I Jun 29, 2011 04:46 PM IST

    MoEF likely to give conditional nod to Lavasa Phase I

    Environmental woes for HCC's Lavasa may soon be over. The Environment ministry is likely to give a green signal to phase 1, reports CNBC-TV18’s Mehak Kasbekar quoting sources. It is learnt that Lavasa will have to comply with five conditions, including undertaking to not repeat violations.

  • Expecting 50% growth in FY12: Ashiana Housing Jun 29, 2011 04:10 PM IST

    Expecting 50% growth in FY12: Ashiana Housing

    Om Prakash Gupta, Managing Director of the company told CNBC-TV 18 that the company is expecting sales of Rs 300 crore in FY12, which will propel the company to grow at the rate 50%.

  • Find out: Radhika Gupta's views on HCC, Polaris and SAIL Apr 29, 2011 12:19 PM IST

    Find out: Radhika Gupta's views on HCC, Polaris and SAIL

    In a chat with CNBC-TV18 Radhika Gupta, director, Forefront Capital Management answred stock related queries.

  • Lavasa flip flops on petition withdrawal against MoEF Mar 30, 2011 04:09 PM IST

    Lavasa flip flops on petition withdrawal against MoEF

    In what could be a prelude to some kind of settlement between Lavasa and the ministry of environment and forests, the company's counsel is seeking to withdraw petitions at the Bombay High Court against the ministry. The counsel also seeks to pursue pending applications with the ministry.

  • Forest Min may amend act to impose heftier fine on Lavasa Mar 29, 2011 07:40 PM IST

    Forest Min may amend act to impose heftier fine on Lavasa

    The environment protection act of 1986 may soon be amended by the ministry of environment and forests to increase the penalty on Lavasa, reports CNBC-TV18 citing sources.

  • MoEF may agree to EAC's conditional nod to Lavasa: Sources Mar 28, 2011 07:34 PM IST

    MoEF may agree to EAC's conditional nod to Lavasa: Sources

    The Ministry of Environment and Forests (MoEF) may agree with the expert appraisal committee's conditional (EAC) nod, reports CNBC-TV18’s Mehak Kasbekar quoting sources.

  • Lavasa seeks environmental clearance for first phase Feb 15, 2011 10:00 AM IST

    Lavasa seeks environmental clearance for first phase

    After being given a lifeline, Lavasa applied afresh for environmental clearance to the first phase of its Rs 3000-crore hill city project near Pune, which is being considered by a high-level committee.

  • Bombay HC grants 6 weeks time to Lavasa Jan 27, 2011 02:43 PM IST

    Bombay HC grants 6 weeks time to Lavasa

    HCC subsidiary Lavasa looks all set for a long and protracted litigation at the Bombay High Court as the environment ministry today showed no signs of warming up to a possible settlement. CNBC-TV18’s Ashwin Mohan reports on the courtroom action, settlement buzz and the ministry's response.

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